Rockingham County Home Prices & Values

$143,600 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.5% 1-year change
  • 2.3% 1-year forecast

The median home value in Rockingham County is $143,600. Rockingham County home values have gone up 1.5% over the past year and Zillow predicts they will rise 2.3% within the next year. The median list price per square foot in Rockingham County is $83, which is lower than the Greensboro Metro average of $90. The median price of homes currently listed in Rockingham County is $119,900 while the median price of homes that sold is $105,650.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Rockingham County is 5.5%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Rockingham County homeowners underwater on their mortgage is 14.3%, which is lower than Greensboro Metro at 17.8%.

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Relative ZHVI
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Rockingham County Market Overview

Data through Aug 31, 2014
  • $143,600 ZHVI
  • 2.3% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Aug 31, 2015)
  • $119,900 Median listing price
  • $105,650 Median sale price
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Rockingham County Market Health

Data through Aug 31, 2014
  • 4.6/10 Stable What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average days on Zillow
  • 14.3% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 5.5% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Cities in Rockingham County

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Madison $118,700    

Listings & Sales

Data through Aug 31, 2014
  • $83 Median list price / sq ft
  • $76 Median sale price / sq ft
  • 36.8% Listings with price cut
16.1%
Sold below listing
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Rockingham County Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,116 Rockingham County
$953 Greensboro Metro
$1,328 United States
  • 1.5 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2014)
  • No data Rent list price
  • $0.56 Rent list price / sq ft
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